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CySEC informs Market Participants for the timely request of authorisation following Brexit

August 10th, 2018 (0)
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to draw the attention of all Market Participants to the Public Statement issued by the European Securities and Markets Authority (ESMA), with reference n. ESMA 42-110-998, in relation ...

Crude oil and NZDUSD Aiming for Weaker Prices – Elliott wave Analysis

August 9th, 2018 (0)
Crude oil is moving sharply lower after a very nice technical reaction lower from the upper channel resistance line that put highs in play for sub-wave 2) at 69.85. If that is the case, then current drop is part ...

Cyprus Investment Firm paid €250.000 to settle possible violations

August 9th, 2018 (0)
The Cyprus Securities and Exchange Commission (CySEC), the independent public supervisory Authority responsible for the supervision of the investment services market in Cyprus, has issued an announcement to inform that has reached a settlement with a Cyprus Investment Firm for ...

KPMG Report on Fintech: Global investment in Fintech is going gangbusters

August 9th, 2018 (0)
KPMG has published their Pulse of Fintech report highlighting global Fintech activity for the first half of 2018. According to KPMG, global investment in Fintech is going gangbusters as “Fintech market activity worldwide gained momentum during the first half ...

Deloitte to bring Robotic Process Automation (RPA) Solutions to global enterprise clients

August 9th, 2018 (0)
Deloitte announced an alliance with Blue Prism to bring robotic process automation (RPA) solutions to its clients. The two organizations have been working together to implement RPA and intelligent automation technologies for clients across a wide array of industries ...

1 in 2 ICOs failed in the second quarter — and those that succeeded suffered huge losses

August 8th, 2018 (0)
Money continues to flood into the booming market for digital tokens issued by startups despite the projects seeking funding getting worse and investment returns suffering, according to a new report 55% of “initial coin offerings” (ICOs) failed to complete ...

Financial regulators consult on creation of a Global Financial Innovation Network

August 8th, 2018 (0)
The Financial Conduct Authority (FCA) has, in collaboration with 11 financial regulators and related organisations, announced the creation of the Global Financial Innovation Network (GFIN), building on the FCA’s proposal earlier this year to create a ‘global sandbox’. The ...

Euro to British Pound exchange rate continues to climb despite slowing German trade

August 8th, 2018 (0)
Tuesday saw the publication of most of this week’s most notable Eurozone ecostats, but they didn’t have a particularly influential effect on the direction of the Euro to British Pound (EUR/GBP) exchange rate. Instead, the Pound remains limp as ...

Bitcoin slipped below $7,000; Bitcoin leading rivals also retreated

August 7th, 2018 (0)
Bitcoin slipped below $7,000 to its lowest level in three weeks, as seemingly positive sentiment surrounding the largest virtual currency soured over the weekend. The digital token fell as much as 6 percent to trade with a $6,000-handle for ...

Household prices for electricity and gas in EU; How much do you pay?

August 7th, 2018 (0)
For the first time, Eurostat is publishing prices for electricity and natural gas that are fully comparable across countries. With the new data requested in Regulation (EU) 2016/1952, Eurostat is now able to calculate the weighted average price reflecting ...
Broker Cyprus TopFX